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Friday 14 August 2020

KEY EVENTS

 Here are some key events coming up:


China releases a slew of data for July on Friday, including industrial production and retail sales.


These are the market movers:


Stocks

The S&P 500 Index dipped 0.2% to 3,373.43 as of 4:01 p.m. New York time.

The Dow Jones Industrial Average fell 0.3% to 27,897.17.

The Nasdaq Composite Index gained 0.3% to 11,042.50, the highest in a week.

The MSCI All-Country World Index decreased 0.1% to 570.50.


Currencies

The Bloomberg Dollar Spot Index dipped 0.2% to 1,177.13, the lowest in a week.

The Japanese yen was little changed at 106.94 per dollar, reaching the weakest in more than three weeks on its fifth straight decline.

The euro gained 0.2% to $1.1809, the strongest in a week.


Bonds

The yield on 10-year Treasuries advanced four basis points to 0.71%, reaching the highest in more than seven weeks on its fifth straight advance.

Germany’s 10-year yield increased four basis points to -0.41%, the highest in six weeks.

Britain’s 10-year yield climbed one basis point to 0.243%, the highest in two months.


Commodities

West Texas Intermediate crude dipped 0.8% to $42.31 a barrel.

Gold strengthened 1.9% to $1,951.58 an ounce, the biggest climb in more than a week.

Silver strengthened 6.7% to $27.23 per ounce, the largest gain in a week.

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